The higher your deductible, the lower your insurance premiums. If you choose to go with a higher deductible, just make sure you can afford it in the event that a loss does happen. Saving more money upfront isn't always the best option if it's going to cost you more all at once.
2. Bundle Your Insurance.
Many insurers will offer discounts for having multiple policies with them. Look into different companies and see if they have any advantages to bundling your home policy and auto policy. Using an independent insurance agent is the best way to find out what types of discounts you might qualify for as they work with many different companies to find you the best coverage.
3. Make Your Home More Disaster Resistant.
Talk to your agent about ways to make your home more resilient against everyday perils. This could include: adding storm shutters, reinforcing your roof, adding earthquake brackets to your furniture, upgrading to new appliances, clearing brush and trimming back trees away from the house, and more.
Having safety precautions for your home can reduce your insurance premiums. Consider installing new smoke detectors throughout the house and installing a security system and deadbolts to prevent burglary. Some safety devices have a steep upfront cost, so make sure the benefit of lowered premiums is worth it for your situation.
5. Keep Your Credit History Clean.
In many states, insurance agents use credit history as a factor in determining your premiums. Keep tabs on your credit score and watch for any red flags. In addition, start practicing good credit habits to keep your score from dropping. Not only could this help with your insurance premiums, but will be beneficial if you decide to refinance your home.
6. Go with an Independent Agent.
When you choose an independent insurance agent at the Lake of the Ozarks, you're going to get the best coverage at the best price. Unlike individual insurance companies, independent agents are able to "shop around" for the best deals for their clients. You can get multiple quotes from different companies to make sure you're getting the best value!
At Insure the Lake, we have direct contracts with 50+ insurance companies, with access to hundreds more through brokerage services. This allows us to shop the marketplace for the most comprehensive coverage at a competitive price. Give our Lake of the Ozarks insurance company a call at 573-348-2794 for more information on getting the best deal you can on your homeowners insurance.
Request a Free Quote Online! Contact Insure the Lake today for all your Lake of the Ozarks insurance needs!
About the Author: Steve is a double back-flip insurance ninja. He was named Young Insurance Agent of the Year by the Missouri Association of Insurance Agents in 2010 and is a Certified Insurance Counselor. When he is not helping customers, he enjoys community service, Latin dancing with his beautiful wife and going on adventures with his two awesome sons.
Steve Naught, CIC
3736 Osage Beach Parkway
Osage Beach, MO 65065
Next to Golden Coral
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